exchange rate going up again

soyelcin


Joined: 01/06/2009
Posts: 91

Message Posted:
30/09/2011 10:45

i didn't think it would go up again 2.88 today

dougskud



Joined: 04/04/2008
Posts: 356

Message Posted:
30/09/2011 12:15

Yes at 10am uk time it was 2.91

bondyboy


Joined: 15/05/2009
Posts: 67

Message Posted:
30/09/2011 19:16

It needs to get to 3

eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
30/09/2011 19:59

No, needs to go down!

keldanreb


Joined: 17/09/2009
Posts: 212

Message Posted:
30/09/2011 20:20

if this gets naughty in the med,the rate will head towards 4

karakum5c



Joined: 18/03/2008
Posts: 1021

Message Posted:
30/09/2011 21:08

what happens to sterling when bank of england starts to print money again



it has promised to issue £400 billion if and as required



if it does watch sterling slide ....................................

martinD41


Joined: 06/09/2010
Posts: 3001

Message Posted:
30/09/2011 21:13

back to 2.4 would be nice, I'll get my £30,000 back

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
30/09/2011 21:54

Its far easier than working for a living.



but how long will it last



wynyardman

rocky


Joined: 17/10/2007
Posts: 1749

Message Posted:
30/09/2011 22:48

martin D41 you have had the benefit of higher interest rates (did you moan about that? I doubt it) so dont be greedy if you dont understand currency fluctauations then dont dabble in currency investments. Sometimes you win sometimes you lose, for the average punter you lose,,,but you have had higher interest offset it to calcualtae your real profit or loss..................

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
01/10/2011 00:44

£ up against € & $.



Richard

tomsteel


Joined: 22/06/2009
Posts: 482

Message Posted:
02/10/2011 11:29

Personal interest only and appreciated, but as my UK pensions are paid in local currency here - £1=10 TL would suit nicely.

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
02/10/2011 11:55

Rocky



I am sure that Martin understands currency fluctuations. Just because his wishes for the currency do not correspond with yours hardly makes him greedy. I am with him and would like to see the exchange rate back around the 2.35/2.40 mark.

Esentepe7


Joined: 19/04/2009
Posts: 34

Message Posted:
02/10/2011 22:15

I didn't realise the mark had been adopted again!

Tango1


Joined: 19/02/2011
Posts: 1151

Message Posted:
02/10/2011 22:20

Our Pensions are paid into the UK in sterling so we'd like it in the 2.90's!! Can't please all the people all of the time I guess.

0maintenance


Joined: 22/09/2010
Posts: 2179

Message Posted:
02/10/2011 22:29

would also be nice around 2.0 to the £



lets keep dreaming huh !

Navek



Joined: 01/06/2008
Posts: 2656

Message Posted:
03/10/2011 22:23

It's on the move again...

2.9243Tl for £1 @ 22.22

Navek

eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
03/10/2011 23:17

What goes up comes down

eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
03/10/2011 23:18

What goes up comes down

Pnokio


Joined: 25/08/2011
Posts: 35

Message Posted:
04/10/2011 11:10

When the tourist season is over in Turkey, then watch the rate plummit.

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
04/10/2011 12:53

Medium/short term tip is to buy $US as it will rise against most currencies, according to my Kiwi financial advisor!



Richard

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
04/10/2011 12:53

Just changed sterling and got 2.9